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Germany Backs Bailout, Venezuela Food Prices, Female Viagra

Germany Backs Bailout, Venezuela Food Prices, Female Viagra

BANGKOK BOMBER STILL AT LARGE

Bangkok police are still looking for a man in a yellow T-shirt who was shown on CCTV footage dumping a backpack Monday at the scene of the Bangkok Erawan shrine bombing that killed at least 20.

  • Thailand's national police chief Somyot Poompanmoung told AP today that the bomber "didn't do it alone, for sure. It's a network."
  • The popular Hindu shrine reopened today. A BBC reporter at the scene says the last human remains were only cleared from the site earlier in the day.
  • No one has claimed responsibility for what is one of the worst attacks on the country.

VERBATIM

"Is it even possible that four men can rape a woman? It's not even practical," Former Indian Defense Minister Mulayam Singh Yadav said Tuesday, coming under fire for that comment and his claim that he knew of "many false cases of rape." Yadav also sparked outrage last year by describing rapists as boys who make "mistakes," The Hindustan Times reports.


ISIS EXECUTES ELDERLY ARCHAEOLOGIST

Photo: Yin Bogu/Xinhua/ZUMA

ISIS members beheaded an 82-year-old antiquities scholar in the ancient Syrian city of Palmyra and hung his body on a column in the main square of the historic site. According to Al Jazeera, the victim, Khaled al-Asaad, had been head of antiquities in Palmyra for 50 years and wrote several scholarly works on the historic city's ruins. In May, ISIS gained control of Palmyra in central Syria. Although no damage to the Roman-era ruins was reported, the terrorist organization destroyed two ancient Muslim shrines.


ON THIS DAY


The liberation of Paris from German occupation during World War II began 71 years ago today. That and more in today's shot of history.


WHISTLEBLOWER VIOLATES PRISON RULES

Former U.S. intelligence analyst Chelsea Manning was found guilty yesterday of violating prison rules and sentenced to three weeks without access to the gym, library and outdoors. Manning, known as Bradley Manning before a post-arrest name change, was accused, among other things, of possessing prohibited books and magazines such as a Vanity Fair featuring a transgender Bruce Jenner, Reuters reports. Manning is serving 35 years in a military prison for leaking classified documents to whistleblower website WikiLeaks.


EXTRA! VENEZUELA'S SOARING FOOD PRICES

Venezuela's already critical economic situation is spiralling out of control, with astronomically expensive food prices. Read more in our Extra! feature.


GERMAN MPS BACK GREEK BAILOUT

German lawmakers voted in favor of the third Greek bailout package, clearing one of the last hurdles for the expected 86 billion euros in aid to the struggling country, German daily Die Welt reports. The approval comes after a tough week for German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble, who faced tensions and disagreement about the bailout within their own party.


WORLDCRUNCH-TO-GO

Innovation these days can come from pretty much anywhere. This is perhaps how we should start seeing the world: as a universe of open innovation, Gilles Babinet writes for Les Echos. "The creator of Facebook, for his part, has openly published the results of his company's research for years. Mark Zuckerberg has said on numerous occasions that to become profitable, research and development should be shared as widely as possible. The same goes for the large number of digital companies that provide open access to the fruits of their research.

 The question here is whether we're entering a new era in which the rules have been dramatically changed and the company strategies of the 20th century are no longer comparatively effective. Several clues seem to suggest that's the case."

Read the full article, The Era Of Constant And Open Innovation Is Upon Us.


FEMALE VIAGRA APPROVED

The U.S. Food and Drug Administration (FDA) has approved a drug called flibanserin, which will be sold as Addyi, to help women enhance their sex drives. The National Consumer's League is hailing it as "the biggest breakthrough for women's sexual health since the pill." But the "little pink pill," which will be available in October, comes with a strong warning: The FDA notes that in some cases, the use of Addyi can cause severely low blood pressure and loss of consciousness, especially when coupled with alcohol consumption.


MY GRAND-PÈRE'S WORLD



CHINESE STOCKS ROLLERCOASTER

China's stock markets suffered renewed volatility today, reflecting anxiety about the world's second-largest economy amid a worsening economic outlook. Read more from Bloomberg.


CLIFF-JUMP RECORD

Brazilian Laso Schaller, 27, set a new cliff-jump record in Maggia, Switzerland, by leaping from a 192-foot-high platform into a 26-foot-deep pool. Watch the heart-stopping video here.

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Economy

Lex Tusk? How Poland’s Controversial "Russian Influence" Law Will Subvert Democracy

The new “lex Tusk” includes language about companies and their management. But is this likely to be a fair investigation into breaking sanctions on Russia, or a political witch-hunt in the business sphere?

Photo of President of the Republic of Poland Andrzej Duda

Polish President Andrzej Duda

Piotr Miaczynski, Leszek Kostrzewski

-Analysis-

WARSAW — Poland’s new Commission for investigating Russian influence, which President Andrzej Duda signed into law on Monday, will be able to summon representatives of any company for inquiry. It has sparked a major controversy in Polish politics, as political opponents of the government warn that the Commission has been given near absolute power to investigate and punish any citizen, business or organization.

And opposition politicians are expected to be high on the list of would-be suspects, starting with Donald Tusk, who is challenging the ruling PiS government to return to the presidency next fall. For that reason, it has been sardonically dubbed: Lex Tusk.

University of Warsaw law professor Michal Romanowski notes that the interests of any firm can be considered favorable to Russia. “These are instruments which the likes of Putin and Orban would not be ashamed of," Romanowski said.

The law on the Commission for examining Russian influences has "atomic" prerogatives sewn into it. Nine members of the Commission with the rank of secretary of state will be able to summon virtually anyone, with the powers of severe punishment.

Under the new law, these Commissioners will become arbiters of nearly absolute power, and will be able to use the resources of nearly any organ of the state, including the secret services, in order to demand access to every available document. They will be able to prosecute people for acts which were not prohibited at the time they were committed.

Their prerogatives are broader than that of the President or the Prime Minister, wider than those of any court. And there is virtually no oversight over their actions.

Nobody can feel safe. This includes companies, their management, lawyers, journalists, and trade unionists.

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